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NBA Strips Clippers of 5 Draft Picks, Fines Ballmer $30M Over Kawhi Scheme
NBA penalizes LA Clippers with five first-round draft picks, $30M fine, and one-year suspension of owner Steve Ballmer for salary cap circumvention involving Kawhi Leonard.
Braith Anasta Quits Player Agent Role as NRL Cracks Down on Media Conflicts
Braith Anasta steps down as a player agent to focus on Fox League hosting after the NRL introduces stricter conflict of interest rules for media personalities.
Satay by the Bay Closes October 1 for Wetlands by the Bay Expansion
Satay by the Bay closes October 1, 2026. The 1,000-seat food court at Gardens by the Bay shuts to make room for Wetlands by the Bay, a five-hectare expansion opening in late 2028.
Frasers Property to Redevelop Yishun 10 into 110-Unit Complex by Mid-2031
Frasers Property to redevelop Yishun 10 cinema into 110 residential units and retail podium by mid-2031. Multiplex closes March 2, 2027. First Yishun Central residential launch in over a decade.
House Foods Stock Jumps 7% as Ichibanya Sale Looms on September 1
House Foods (2810.T) stock rises 7% to ¥4,000 after confirming sale of CoCo Ichibanya stake. Ichibanya jumps 16% as PE firms show interest in Japan’s 1,500-store curry chain.
Bank of China Jumps 7.2% to HK$5.90 on Strong H1 Earnings
Bank of China stock rallies 7.2% to HK$5.90 after H1 2026 earnings beat expectations with 5.1% profit growth and improving net interest margins.
Itochu to Invest ¥250B in Dentsu Soken, Taking 38.2% Stake
Itochu to invest ¥250 billion for 38.2% stake in Dentsu Soken via tender offer. Move aims to resolve parent-subsidiary dual listing structure and expand Itochu’s IT segment.
Autodesk (ADSK) Stock Falls 4% Despite Q2 Earnings Beat as Fiscal 2027 Guidance Disappoints
Autodesk (ADSK) stock fell about 4% on August 28, 2026, even after the company beat Wall Street estimates in its fiscal second-quarter results. Autodesk posted $2.05 billion in revenue and $3.30 in adjusted EPS, both above expectations. Investors quickly turned their attention to the fiscal 2027 outlook. The strong Q2 numbers were not enough to…
ULTA Stock Slips as Ulta Beauty Posts $6.55 EPS, $3.04 Billion Revenue and Lifts Guidance
ULTA stock slipped on August 28, 2026, despite a strong fiscal second-quarter report from Ulta Beauty. The beauty retailer posted $6.55 in diluted EPS and $3.04 billion in net sales for the quarter ended August 1, beating Wall Street estimates. Ulta also raised its full-year fiscal 2026 outlook. That leaves investors weighing strong earnings against…